Futures Contracts Differ from Forward Contracts in All of the Following

question 2

Multiple Choice

Futures contracts differ from forward contracts in all of the following ways except:

• A)forward contracts involve an intermediary or exchange.
• B)futures contracts are standardised; forward contracts are not.
• C)futures markets are more formal than forward markets.
• D)delivery is made most often in forward contracts.

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Definitions:

Differentiation Strategy

A business tactic that involves distinguishing a product or service from competitors through unique features, quality, or customer service to attract a specific target market.

Human Resource Management

The strategic approach to the effective management of people in a company or organization in a way that helps their business gain a competitive advantage.

Local Union Leadership

The individuals elected or appointed to manage and represent the interests of members within a specific labor union at a local level.

National President

The leader or chief executive of a nationwide organization, union, or corporation, responsible for guiding its overall direction and policies.